As millions of middle-class Americans rush to the post office tonight to drop their tax forms in the mail, this Democratic Congress is fighting to make the Tax Code fair and pro-family. Already this year we passed a budget that makes middle-class tax relief a priority. Our budget calls for extending middle-income tax cuts, including child tax credit, marriage penalty relief and 10 percent tax bracket. Rather than supporting our budget, President Bush and congressional Republicans continue to push permanent tax cuts for multimillionaires. For 7 years now, President Bush's tax policy has disproportionately benefited the wealthiest few in our Nation. Consider that the average millionaire is being given $120,000 in tax breaks on their 2007 taxes, while middle-income taxpayers are, on average, receiving only about $740. As the income gap between the wealthy and the middle class continues to grow, we should prioritize middle-class tax cuts. If Congressional Republicans are serious about providing continued relief to the middle class, they should support our final budget proposal.
Hank Johnson: “As millions of middle-class Americans rush to the post office tonight to drop their tax forms in the mail, this…”
Editor's note · Context
Discussing tax policy and middle-class tax relief during a speech on the House floor.
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